Results 11 to 20 of about 8,018 (261)
The Risk Components of Liquidity [PDF]
SSRN Electronic Journal, 2008 Does liquidity risk differ depending on our choice of liquidity proxy? Unlike literature that considers common liquidity variation, we focus on identifying different components of liquidity, statistically and economically, using more than a decade of US transaction data.
Chollete, Lorán +2 more
openaire +5 more sources
The Impact of Dividend Policy on Liquidity Risk Components Based on Covariance Decomposition [PDF]
تحقیقات مالی, 2023 Objective Corporate financial policies are used as tools to maximize shareholders’ wealth. Liquidity risk is one of the main systematic risks affecting the equity cost of capital.
Hamidreza Moazeni, Saeed Fathi
doaj +1 more source
IMF Working Papers, 2019 The traditional approach to the stress testing of financial institutions focuses on capital adequacy and solvency. Liquidity stress tests have been applied in parallel to and independently from solvency stress tests, based on scenarios which may not be consistent with those used in solvency stress tests.
Rama Cont +2 more
openaire +4 more sources
Research on Liquidity Risk Management of Commercial banks under the impact of Fed rate hike [PDF]
SHS Web of Conferences, 2023 Liquidity risk refers to the risk of insolvency, credit decline, market value decline and other consequences that commercial banks cannot obtain enough working capital when paying debts or maintaining business operations.
Duan Xiaolong
doaj +1 more source
Liquidity Risk in Banking: Is There Herding? [PDF]
SSRN Electronic Journal, 2012 Abstract: Banks individually optimize their liquidity risk management, often neglecting the externalities generated by their choices on the overall risk of the financial system. This is the main argument to support the regulation of liquidity risk. However, there may be incentives, related for instance to the role of the lender of last resort, for ...
Bonfim, D., Kim, M.
openaire +2 more sources
SSRN Electronic Journal, 2018 Liquidity manifests itself as the ability of a, to have, at its disposal, sufficient working capital to continue with its current business activities. Liquidity risk is among leading financial risks in banking and it is extremely important because the liquidity of a bank is considered to be one of the most basic conditions of banking in modern market ...
Rohit Singla, Jeffrey Pontiff
openaire +3 more sources
Pricing Corporate Bonds with Credit Risk, Liquidity Risk, and Their Correlation
Discrete Dynamics in Nature and Society, 2021 This paper proposes a generalized bond pricing model, accounting for all the effects of credit risk, liquidity risk, and their correlation. We use an informed trading model to specify the bond liquidity payoff and analyze the sources of liquidity risk ...
Xinting Li +3 more
doaj +1 more source
Liquidity, Credit Risk, and Their Interaction on the Spreads in China’s Corporate Bond Market
Discrete Dynamics in Nature and Society, 2022 This paper investigates the impact of multidimension liquidity, credit risk, and the interaction between liquidity and credit risk on corporate bond spreads based on a large transaction data set from July, 2006 to June, 2016, including the monthly data ...
Zijian Wu, Baochen Yang, Yunpeng Su
doaj +1 more source
The determinants of liquidity risk of commercial banks in Vietnam [PDF]
Banks and Bank Systems, 2019 This research identifies factors that explain the liquidity of commercial banks in the Vietnam banking system from 2010 to 2015. Using the OLS regression method for analysis, it was found that: the interbank market helps commercial banks improve their
Tu T. T. Tran +3 more
doaj +1 more source
Bank- specific determinants of liquidity risk for commercial banks in Algeria: Panel data analysis during 2005-2020 [PDF]
Financial Markets, Institutions and Risks, 2023 This study aims to monitor a group of factors that cause liquidity risks and contribute to the occurrence of liquidity problems by testing the determinants of liquidity risk and the explanatory factors of the liquidity problem in Algerian commercial ...
Fatma Benchenna
doaj +1 more source